Imagine a world where…
Enterprises have a one-stop shop for their Web3 product needs.
According to Gartner, the enterprise blockchain market size was valued at $4.9B in 2021 and projected to reach $67.4B by 2026, a CAGR of 68.4% during the forecast period. By 2024, 25% of enterprises will interact with their customers or partners using decentralized Web3 applications.
Blockchain is infrastructure that is going to fade into the background of everyday applications. We provide a modular composable architecture of key building blocks to achieve this for enterprises.
Most enterprises are not concerned with specific blockchains, but rather technical requirements for their use cases, like security, interoperability and throughput.
Our product focuses on providing high-quality blockspace, interoperable with most prevalent blockchains, customized towards enterprise use cases.
Loyalty Tooling Offering
We deploy the tooling needed for loyalty offerings (both fungible tokens and NFTs) for clients looking to use our tooling rather than have us build their own on the Aventus Network, an instantiation of our blockspace offering.
The sales cycles for these deals are short, allowing us to generate recurring revenue quickly.
The Aventus Network is a Proof of Stake blockchain leading to great energy efficiency. In the first year of operation, the Aventus Network’s power usage was about 0.001 kWh per transaction, which we expect to further reduce with future optimisations. Compare this to Bitcoin’s energy consumption of 1,173 kWh per transaction!
The AvN can scale to 2,000+ transactions per second per parachain, and process a token transfer within 0.13 seconds at an average cost of $0.01 per transaction – 100x the speed and at 1% of the cost of Ethereum – with no volatility on price.
The AvN has onboarded over 30 million transactions with 2m active wallets for our business clients in the first year of operation. The Gateway API allows business to pay transaction fees on behalf of their users, performs load balancing, and offers a simple API. Building on Aventus is a simple process.
Aventus is a parachain on Polkadot. This allows fast, secure communication with all parachains in the Dotsama universe. We are also a layer 2 on Ethereum, and expanding to further major layer 1 blockchains, realising the true value of a fully connected Internet of Blockchains to achieve the maximum network effect.
The potential applications of the Aventus Network are vast. It enables businesses to easily develop and implement efficient, highly secure and future-proofed blockchain solutions.
With the AvN, business and other decentralised applications can easily work with any other promising blockchain tech, cross-chain, by plugging into the Ethereum and Polkadot ecosystems.
Learn more about our use cases here.
Video games (Play to Earn)
Our solutions in video games fall into two categories: 1) In game currencies where users perform some notion of ‘work’ to earn the token and the tokenomics are structured to incentivise behaviour, typically adoption and increased usage of the platform. 2) Trading collectables (e.g. swords or skins) which are represented by NFTs, with the key value add being if you lose your account you do not lose ownership of the precious items you have created. In some use cases, this allows the transfer of the items outside the game platform.
Event Ticketing (Scalping, Engagement)
We have two applications of the AvN in Live Entertainment: 1) Ticketing for events. This solves issues around fraud and secondary market activity and ultimately ensures control over tickets for organisers. 2) Live streaming. Securing access rights to a stream through a blockchain ticket.
Loyalty schemes can be represented on blockchain with various benefits, including but not limited to: reducing the balance sheet obligation for loyalty providers, improved UX for customers with more liquid / transferable points, and new economic models for monetisation. We are active across eight territories globally in loyalty, mostly with cash back solutions.
Provenance (Commodity Supply Chain)
We have use cases in supply chains across two major categories. 1) Commodities where gold is sold while in the ground, the funds being used to extract the gold and move it through the supply chain tracing it until refined. 2) A marketplace for negotiation of soft commodities (mostly agrifoods) and management of the complex supply chain agreements.
Non-fungible tokens (NFTs)
Our latest solution is for Non Fungible Tokens (NFTs). This is an area in decentralised finance that is rapidly growing, digitally representing ownership in a highly tradable and secure format, allowing marketplaces and more complex financial products to be built around NFTs. This can include anything from collectables, tickets, art, and more.
We are exploring and developing new Aventus Network (AvN) use cases all the time where there is market demand and it makes commercial sense. Potential use cases for AvN are as vast as the use cases for businesses and dApps that want to build on Ethereum. In that sense, what begins with NFTs, supply chain management, live entertainment, gaming, and loyalty, can quickly progress into the worlds of finance, advertising, identity management, sports, and beyond.
This strategic partnership with Aventus has opened the door wide open for us. Not only will it enable us to enhance the security of our platform, but the added capabilities that blockchain capabilities enable, such as NFTs, are particularly exciting, both to the ASX Sports team and our users. With the power of blockchain and the support of the innovative team at Aventus, the sky’s the limit!
The Aventus Gateway framework has opened the door for us, giving us a truly scalable, simple solution with the flexibility we need. It’s been very easy to integrate PIP – our universal gaming rewards token – into the AvN, and NFTs are now firmly on our roadmap.
We invest primarily with strong teams with exemplary dedication and character, and I cannot think of anyone more committed to delivering useful, interoperable solutions than Aventus. Their organic decision to first build on Substrate because of the tech stack, then work with us to join the community dedicated to multichain interoperability, is a testament to the power of Substrate, and will unlock tremendous value for stakeholders.
The next challenge facing the blockchain community is making interoperability between blockchain networks a reality. This is precisely what Aventus’ integration into the Polkadot network will enable, bringing the speed, security and long-term cross-compatibility required for Aventus to work seamlessly with the wider blockchain community. We can’t wait to see where this takes Aventus – the possibilities are endless.
This partnership with Scytale marks a major step forward for Aventus and sets a clear path for growth and innovation well into the future. Solving the problem of interoperability is a top priority for many working in the blockchain space. Integrating with Polkadot will position Aventus at the leading edge of this effort. I am excited to see how Aventus, its token holders and clients will utilise the opportunities interoperability will bring.
The Parity NFT Marketplace will put women athletes at the forefront of technology, business and sport, rather than having them as an all-too common afterthought. Our marketplace will deliver initial revenue when NFTs are first sold and provide ongoing revenue for athletes each time their NFT is sold on the secondary market. The Aventus team understood the ambitious scope of our vision from the outset, and their technical knowledge is unmatched. The Legends Series is an exciting beginning to our collaboration.
At cashbackAPP, we were always extremely interested in how blockchain technology could enable our business to run more smoothly. Using fiat currency on a rewards programme like ours leads to several complex problems – most notably our ability to transfer money between businesses and registered users quickly and efficiently. Before Aventus, we had always been reticent to start using a blockchain solution, deterred by the high bar to entry in terms of cost and the ever-slowing speed of traditional Ethereum.
The fruitlab community has already grown significantly over the last two years and the tokenisation of the PIP is the next exciting step in our journey. The fruitlab web and app proposition for gamers is, we believe, highly attractive and it will only be further enhanced by the strategic move of tokenising the PIP with a view to bringing even more value to players and content creators. The partnership between fruitlab and Aventus Network will bring the speed and cost-consistency required for further scaling of the PIP ecosystem. We are confident in the appetite for a universal gaming token which can be used for trading NFTs and staked in competitive gameplay for value – we can’t wait to see what the future holds.
The launch of our governance platform ensures that every AVT holder now has a say in deciding the future of Aventus Network. This is part of our wider ethos of driving transparency and robustness in all our activities. Not only do we believe that this is an important step for our Network – we believe this approach is the natural next step for blockchain as the technology matures and its use-cases expand. We are 100% committed to being community-led and look forward to engaging directly with our token holders.
Board Member & Strategic Advisor
Walter brings nearly three decades of leadership experience across fintech and telecommunications. He is former CEO of Energy Web and former COO of bank-wide operations at ING Bank. He has also held senior board positions at Vodafone, BT, NEC Corporation and several startups. He guides the strategic direction of Aventus and supports business and partnership growth.
Founder & CEO
Alan is a Forbes 30 Under 30 winner for his work as founder of Aventus, with previous experience at Deloitte and Brevan Howard. He completed his Master’s Degree in Artificial Intelligence at Imperial College London. His Master’s thesis was on blockchain technology, during which he conceived a business plan for what became Aventus. He has created companies and tokens worth over $300M today.
Chief Technology and Product Officer
Andrey has over 20 years’ experience leading product and software engineering efforts, primarily in distributed
systems and security applications, spanning large multinational companies and startups in fintech, blockchain
and cloud industries. Ex-R3 and Oracle, he is a graduate of Warwick University and holds an MBA and MSc software engineering degrees.
Head of BD & Strategy
Chas has 20 years’ professional experience in marketing and business development as well as in asset management and corporate finance in London and Singapore. Chas founded Obsidian Sports Management in 2017 and has been involved in the sports market since 2014. Since being mandated to look for partnership opportunities in the European Football Leagues for an overseas sports franchise owner, Chas has developed several key relationships with leading European Premier League clubs and Formula E teams, facilitating multiple lucrative sponsorship deals.
Head of Operations
Ochi has over a decade of experience in business management and operations leadership, primarily within financial services. Ochi holds a degree in Mathematics from Queen Mary University, London.
Head of Marketing
Robyn has held Head of Marketing positions in the Aventus ecosystem since 2017. Prior to Aventus, Robyn ran marketing at the Stephex Group, global leader in the equestrian industry. Robyn holds a BSc in Architecture from The Bartlett School of Architecture, UCL (University College London).
Alex Pinto, combines a broad background in software engineering and academic experience, including a PhD in Cryptography and teaching undergraduate computer science courses. Before joining Aventus, he was a researcher at the Information Security Group at Royal Holloway University of London, and a software engineer at Sophos and Fidessa, where he developed charting applications for Technical Analysis in Trading. A firm believer in the power of education, he maintains a blog promoting blockchains, cryptography and a scientific approach to software development.
Nahu Seyoum, is a software engineer with over 13 years experience developing enterprise grade software targeting desktop, web and blockchain applications in various industries. He has spent 10 years as a full stack developer and over three years working on blockchain. He has experience designing and writing smart contracts on Ethereum and more recently focusing on substrate and rust.
Glyn Dimond, is a senior engineer at Aventus, who has followed blockchain’s progress since the release of the Bitcoin whitepaper. After completing his MEng in AI & Cybernetics at the University of Reading he worked across finance, security, and distributed systems, specialising in writing Solidity smart contracts from 2018 onwards, with a number of successful projects now live on Ethereum mainnet.
Thanos has eight years’ experience in software development, specialised in systems programming. He is an Agile coach and Dev-Ops enthusiast, with a BA & Master’s degree in Computer Science from the University of Athens.
Since joining Aventus in 2019 as a Blockchain Engineer, Thanos has been key in developing the Aventus Network and its surrounding ecosystem.
Investor & Mentor
Daniel is a Bitcoin pioneer and Executive Chairman of CoinShares, a company that has accumulated over $3B in
assets in XBT Provider listed products while having attracted over 40,000 clients. He is an entrepreneur, visionary founder and industry leader in the domain space’s first two NASDAQ-listed bitcoin and ethereum tracking certificates and Director of the world’s largest, first fully regulated Bitcoin Fund (which is now
retired). He co-founded Global Advisors in 1999, after serving as Global Head of Energy and Trading Business at Morgan Guaranty Trust Company (“MGT”) in New York (now JP Morgan Chase & Co.).
Prof. William Knottenbelt
Advisor & Mentor
Prof. William Knottenbelt is Professor of Applied Quantitative Analysis in the Department of Computing and Director of the Imperial College Centre for Cryptocurrency Research and Engineering (IC3RE). He is an expert of the World Economic Forum on blockchain and is technical advisor to a number of blockchain start-ups including Aventus, Gradbase and Alice.si.
Serra Angel Wei is a cryptocurrency finance executive, investor and entrepreneur with over 10 years’ experience in traditional and blockchain-based finance. She founded Aegis Custody in 2018 to solve the problem of illiquidity as a barrier to value creation.
Prior to Aegis Custody, Serra was a crypto investor at Passport Capital, where she helped build the Asian digital asset strategy desk to bridge the gap between cryptocurrency and institutional finance, with a focus on blockchain funds of funds and direct ICO investments.
Serra holds an MBA from Stanford University Graduate School of Business.
Strategic Advisor, Aviation
Maurizio has 37 years’ experience in the aviation industry. His career began at Alitalia as a Cargo Agent and progressed through to being an Operations Manager. Maurizio has worked in Milan, Paris and London, and in 2013, he joined ground handling company, ASC, as General Manager. ASC started with one customer and after 5 years, maurizio became Managing Director, growing the business to 13 airlines for passengers and cargo, including Cargo Lux, one of the largest cargo carriers globally.